Mass Meeting Fall 2019

Actuary Overview SAM Overview Next Steps

Actuary Overview SAM Overview Next Steps

Defining Risk Risk Hard to Predict? Yes No Cash Inflow Cash Outflow Company X Hard to Predict? Yes No Risk

Popular Insurance and Consulting Industries High Level Definition Actuary: A business professional who analyzes the financial consequences of risk (uncertain future events) Life Finance Health Property & Casualty Pension Investing Popular Insurance and Consulting Industries

Why Become an Actuary? Top Ranked Job High Demand & Growth High Salary Strong Work/Life Balance No Graduate School

Utilize Multiple Skills Actuary Computer Science Business Math Statistics Data Science

Actuarial Exam Process

Michigan Curriculum Courses Exam Library Exam Reimbursements For more information on our reimbursement policy: https://sam.math.lsa.umich.edu/subsidy-policy/

Actuarial Major Exam Preparation

How Do I Become an Actuary? Major Actuarial math degree, along with (optional) additional majors/minors Exams Pass series of professional exams using actuarial courses and SAM library and collect reimbursements Internships Good GPA + Pass Actuarial Exam(s) + Join SAM = Find Internship

Actuary Overview SAM Overview Next Steps

All events are optional but highly encouraged

SAM Social Events/IM Sports Paint the Rock Halloween Party Bowling

4th Annual Actuarial Career Expo 20+ Employers Where: Michigan League When: September 18, 9am-1pm Interview Day: September 19, 8am-4pm Resume Book closes Sep 14 at 11:59pm

Career Fair Preparation Essentials Follow career fair roadmap on website to stay on track Apply to companies with postings before career fair through Handshake Drop resume to resume book through SAM website All information can be found here: https://sam.math.lsa.umich.edu/career-fair/

Important to attend! Company Info Sessions Networking opportunity Makes you stand out Gain industry knowledge (interview & job prep) In summary, company info sessions help secure internships/full-time jobs AND perform highly in these positions

Upcoming Events https://sam.math.lsa.umich.edu/calendar/

Actuary Overview SAM Overview Next Steps

How to Join Membership Dues Name (First, Last) Uniqname UMID# $35 for the year Dues help fund all club activities You won’t be reimbursed for actuarial exams if you don’t pay Payment Methods For BOTH payment methods, please include: Name (First, Last) Uniqname UMID# Venmo Cash or Check Pay to @UmichSAM on Venmo Drop off a sealed envelope to Professor Natarajan’s Office (2855 EH) Mention that they’re paying $35 for a reimbursement of over $200 for exams

Email List Website Slack Key Resources Weekly Update every Sunday RSVP Reminders Sign up ASAP Email List Calendar Workshops/Resources (Career Fair) Feedback Form https://sam.math.lsa.umich.edu/ Website Social messaging chat room app Connect with students your age and in your math classes https://studentactuariesuofm.slack.com Slack

Connect with SAM on Social Media! “Student Actuaries at Michigan” www.facebook.com/groups/SAMUM/ “University of Michigan Actuaries” www.linkedin.com/groups/2486220 @umich_sam https://www.instagram.com/umich_sam/?ut m_source=ig_profile_share&igshid=1eyckm6 vyowxr

Questions? Contact Info: Program Director: Professor Natarajan: rogernat@umich.edu President: Brad Pineless: pineless@umich.edu VP: Mark Cappaert: markcapp@umich.edu Career Chair: Diyara Bissembayeva: diyarab@umich.edu Career Chair: Liam Flynn: lhflynn@umich.edu International Liaison: Marcus Li: liyueche@umich.edu Secretary: Keera Feng: keeraf@umich.edu Exam Chair: Wency Zhao: zwency@umich.edu Webmaster: Cody Laskowski: laskowco@umich.edu Treasurer: Maggie O’Meara: momeara@umich.edu Social/PR Chair: Ghyanka Mendoza: ghyankam@umich.edu UC Ambassador: Liam Clancy: lclancy@umich.edu IM Chair: Blake Shillingford: bbshill@umich.edu SAM Board: samboardum@umich.edu

Pick up your name tags!!!!